The Transvaal Guaranteed Loan

HC Deb 23 June 1904 vol 136 c990

MR. WHITLEY

I beg to ask Mr. Chancellor of the Exchequer if he will withhold the payment of the remaining £5,000,000 of the Transvaal Guaranteed Loan until he has received the first instalment of the War Contribution, which was to have been paid in January last.

THE CHANCELLOR OF THE EXCHEQUER (Mr. AUSTEN CHAMBERLAIN, Worcestershire, E.)

No, Sir; I am not prepared to act on that suggestion.

MR. WHITLEY

Does the right hon. Gentleman intend to pay over this sum of £5,000,000 without any understanding with regard to the £10,000,000 which is now six months overdue.

MR. AUSTEN CHAMBERLAIN

There is no reason to vary the understanding with regard to the £10,000,000.

MR. WHITLEY

Is the right hon. Gentleman aware that the two transactions are part of one arrangement?

^* MR. SPEAKER

Order, order! That is arguing the question. The Question on the Paper has been answered.